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STEELMAKER MITTAL CORP
With over $30 billion m-cap, JSW is now the most valuable steelmakerJSW Steel has become the world’s most valuable steelmaker, surpassing Nucor Corp, after its market capitalisation crossed $30 billion. The ...
Deja vu for Lakshmi Mittal? Bidding war, national interest and a hostile unionArcelorMittal, the world's second-largest steelmaker, is said to be considering a bid for US Steel Corp, an American icon founded in 1901 a...
Bankruptcy court clears ArcelorMittal unit’s plan for Indian Steel CorpThe Mumbai bench of the National Company Law Tribunal (NCLT), comprising judicial member Kuldip Kumar Kareer and technical member Shyam Bab...
NARCL gets going with its first offerNARCL has offered ₹228 crore for Mittal Corp debt held by public sector banks (PSBs) totalling ₹1,414.5 crore, people aware of the developm...
ArcelorMittal, Nippon Steel sign $5.14 billion loan pact to refinance Essar Steel buyThe 10-year-term loan would be used to refinance their acquisition of Essar Steel India, now known as ArcelorMittal Nippon Steel India Ltd....
ArcelorMittal reports $539 million loss in Sept quarterThe company had posted a net income (attributable to equity holders of the parent) of $899 million in the year-ago period.
ArcelorMittal to make $1 bln creditor payment to bid for Essar SteelEssar Steel's committee of creditors now has an eight-week period to evaluate bids.
Oriental Bank of Commerce drags Mittal Corp to NCLTOBC is the lead lender in a consortium of a dozen banks, including SBI and PNB among others, which has a collective claim of Rs 1,100 crore...
ArcelorMittal says US buy won't impact $15 billion debt targetThe company estimates net debt of $17 billion by the end of 2013, falling to $15 billion in the medium term.
- ArcelorMittal offers $431 million for Baffinland
ArcelorMittal South Africa, a unit of the world’s largest steelmaker, agreed to pay about $431 million for Baffinland Iron Mines Corp to se...
- Global steel consolidation almost done: ArcelorMittal
Consolidation in the steel industry is almost finished, apart from in China, said the head of the world's No.1 steelmaker, ArcelorMittal, d...
- ArcelorMittal South Africa end talks with black group
ArcelorMittal South Africa Ltd., the biggest steelmaker in Africa, ended talks to sell a stake to black investors as the global economic re...
- Posco completes construction of Vietnam steel center
Posco, Asia's third-biggest steelmaker, finished building a steel-processing factory in Vietnam, its first such plant in the Southeast Asia...
- ArcelorMittal eyes mines in Venezuela
ArcelorMittal is seeking talks on a possible iron-ore investment in Venezuela with the government of President Hugo Chavez, who nationalize...
- Esmark Inc to buy Mittal's Maryland plant
Chicago based Esmark Inc will buy the Mittal Steel Co's Sparrows Point plant in Maryland, paving the way for the steel giant to complete it...
- Arcelor Mittal, Posco to talk cooperation
An executive of Arcelor Mittal, the world's largest steelmaker, plans to hold talks with the head of South Korea's Posco this week about po...
- Arcelor Mittal executive to meet steelmaker Posco
An executive of Arcelor Mittal, the world's largest steelmaker, plans to hold talks with the head of South Korea's Posco this week about po...
- Mittal Steel may sell Weirton mill to Esmark
Mittal Steel Co has said it is in negotiations to sell parts of its West Virginia operations to Illinois-based Esmark Inc, the rapidly grow...
- China fears Mittal-Arcelor heat concerned over Mittal's merger plans
Chinese steel industry has for the first time openly expressed concern over the merger of global steel giants, Mittal with Arcelor, saying ...
- Arcelor-Mittal deal to push steel consolidation
The prospective combination of steel giants Arcelor SA and Mittal Steel Co will likely accelerate the ongoing wave of consolidation in the ...